One CryptoPunks NFT Sold, Doubling the Previous Sales Record

A CryptoPunks NFT was sold today for 8,000 ETH or $23.7 million
 One CryptoPunks NFT Sold, Doubling the Previous Sales Record
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A CryptoPunks NFT was sold today for 8,000 ETH, or $23.7 million. It doubled its previous record of $11.8 million last June.

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Dozens of CryptoPunks NFTs sold for a million dollars or more. Today’s collection, however, broke its previous record with sales of around $24 million.

CryptoPunks #5822 NFT, which first sold last June for $11.8 million, was sold on Saturday for 8,000 ETH, or $23.7 million, doubling its record.

Deepak Thapliyal, CEO of cloud blockchain infrastructure firm Chain, has acquired NFT directly from CryptoPunks developer Larva Labs’ own online marketplace.

https://twitter.com/dt_chain/status/1492601061919666179

Thaplial tweeted that he used leverage via DeFi protocol Compound Finance to pay for CryptoPunk. The founder of Compound told Robert Leshner:

“Thanks to Compound Finance, I can still hold ETH when purchasing this.”

Saturday’s sale marked the fourth highest-priced NFT sale ever. Beeple’s “Everydays: The First 5,000 Days” NFT still holds the NFT sales record with $69.3 million.

According to data from CryptoSlam, the CryptoPunks collection released by Larva Labs has generated more than $2 billion in secondary trading volume to date.

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